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Technology Stocks : EXLN - Excelon -- Ignore unavailable to you. Want to Upgrade?

To: WaveSeeker who wrote (254)	3/8/2000 10:31:00 PM
From: ahhaha	Read Replies (2) \| Respond to of 811

You didn't understand what I posted. I didn't think you would. There is no such thing as "walking down". That's just another patzer invention to convince patzers their losses are due to dishonest dealings. What it implies is expressly prohibited. My post explicitly explained what you see as "walking", but your take has this conspiratorial sense that has no validity outside of patzer invention. No, CIBC is not "going low offer". You've used another ambiguous make-believe expression that covers up the fact you don't know what you're talking about. Your ambiguity implies that CIBC is initiating action. CIBC is not doing any such thing and not doing anything creative. CIBC is entering orders as agent. They're precluded from entering orders as principal unless they are filling a price continuity hole. That means they are doing what their clients are instructing them to do and they are doing what we want them to do. CIBC has no interest in what the price is doing. You can't have such an interest and hope to last as a market maker. Their interest as principal is served when the public panics and causes the price to go to extremes. The market makers are required to supply the other side of the extreme trade. The market forces the market maker to make money as principal against the market maker's best judgement. Somehow you don't seem to understand this. You don't seem to understand that 99% of the action is public. You don't understand any of this, so why do you waste time and money on L2 or in making these fool claims here?